Grahame Morris:
To ask the Secretary of State for Housing, Communities and Local Government, if
he will create a fund for local authorities and housing associations to invest
in the regeneration of existing housing stock.
Kit Malthouse:
The Autumn Budget 2017 announced additional funding of £400 million recoverable
loan finance for estate regeneration schemes. A fund of £290 million of
recoverable loan has previously been made available. Also, in March 2017 we
allocated £32 million of grant to 105 estates. The priorities for the programme
are to:
• support the creation of additional, high-quality
housing by enabling the densification of estates (where appropriate) through
the better use of space and design;
• create better places to help tackle the social
disadvantage and deprivation associated with many existing estates.
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